OVERVIEW
Title: Supplier Enabled Innovation: Harnessing the true power of suppliers
Duration: 45 minutes
SPEAKERS
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Jon Washington |
Tim Grinstead |
Greg Warder |
SUMMARY
Procurement occupies a privileged position in the business ecosystem, having excellent relationships with key internal stakeholders as well as thousands of external suppliers. Procurement is also a function that draws team members from many diverse and unique backgrounds. These unique and diverse viewpoints means that procurement can help to match supplier capabilities with business and customer needs; bringing new opportunities to their companies in a systemized, structured way and can deliver a tremendous amount of value to the organization.
In this 45-minute webinar, you will learn:
- Why Supplier Relationship Management (SRM) is dead and doesn’t deliver on its benefit promise
- The evolution of Supplier Enabled Innovation, how to shift your organizational thinking to build trust and create value based relationships
- The importance of business methods to collaborate on joint development, shared IP, and shared revenue licensing models
- Practical tips & insights with a discussion on some real world case stories giving a feel for how a Supplier Enabled Innovation organization operates